COST Financial News

Swiss voters have cast the final ballots on a proposal to increase protections for the Alpine country's cherished plant and animal life

Lydia Hu reports on a potential port strike ahead of the holidays on ‘Mornings with Maria.’

Subscribe to enjoy similar stories. From bolstering its India leadership, which includes shedding the image of the company’s Paris office being the nerve centre, to prioritising operating margins, Srinivas Pallia has embarked on an array of changes to script a turnaround for Wipro since he took over as the company’s chief executive about six months ago. Pallia took over as Wipro CEO on 6 April, replacing Frenchman Thierry Delaporte before the culmination of his term.

Call of Duty: Modern Warfare 3 (MW3) and Warzone introduces new features for players. The Battle Pass brings new weapons, operators and skins.

Subscribe to enjoy similar stories. Three years ago, Intel was worth more than double its current value, and Chief Executive Pat Gelsinger was on the prowl for acquisitions. Now Intel itself is a takeover target, in a sign of how strategic missteps and the artificial-intelligence boom have combined to reshape the fortunes of America’s most storied semiconductor company.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

fossil fuels will continue to play a major role in meeting global energy needs, accounting for 40 to 60 per cent of global energy supply by 2050 due to the slower-than-expected adoption of electric vehicles (EVs) and challenges in scaling clean energy technologies, according to McKinsey report. Gas will continue to be an important energy source, providing stability to power grids as renewables, which are often intermittent, become more prevalent, the report Though fossil fuel consumption is expected to plateau between 2025 and 2035, investments in this sector are likely to continue in order to ensure energy reliability during the global transition to cleaner sources.

GCCI) has demanded an urgent review of the mineral taxation ruling by the Supreme Court, stating that the increased cost of mining will inevitably lead to higher prices for essential commodities, including steel, power and cement. The Supreme Court last month allowed states to collect past dues on royalty on minerals bearing land from the Centre and mining companies from April 1, 2005 onwards. «The imposition of further taxes/ cess/ levies, if any, as permitted by the ruling, will further impact the economics of mining operations possibly making it unviable with its natural consequences. »Additionally, the increased cost of mining will inevitably lead to higher prices for essential commodities e.g., steel, power, cement, etc. further fuelling inflation and consequential impact on the nation's economy," GCCI said in a statement.

Subscribe to enjoy similar stories. You can spend a lot of time on Federal Reserve kremlinology, analyzing policymaker statements and forecasts. Or you can ignore what they say, and just look at what they do—as markets decided after the Fed’s supersize rate cut on Wednesday.

Subscribe to enjoy similar stories. Texas billionaire Mark Cuban only occasionally spoke with President Biden or his aides. But when he thought over the summer that drug-industry middlemen were hiking up the cost of medicines to drive independent pharmacies out of business, he found an eager sounding board in Kamala Harris’s presidential campaign.

Meta CEO Mark Zuckerberg has hit the headlines for his latest style statement which features a high end luxury watch.

What if all these are possible just by touching a screen in your living room? What if all the secrets of a dirty martini, a classic Negroni, a stately old fashioned, or a colourful cosmopolitan are at your fingertips rather than in the dexterous hands of a mixologist in a bar? For, the new cocktail is brought to you by AI. Barsys, a New York-headquartered home automation company, has launched its AI-powered cocktail machine in India after debuting it at the Consumer Electronics Show (CES) in Las Vegas in January this year. Called Barsys 360 and costing Rs 55,700, this halo-like automated bartending machine can mix over 1,000 cocktails, some within 15 seconds and all of them customisable to the last ml. It can even personalise the drinking experience by recommending new cocktails based on previous preferences and selections.

The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want

Suresh Prabhu on Saturday called for setting up food testing labs by FSSAI at all public places where 'prasadam' is distributed to ensure quality, amid the Tirupati laddu row. The cost of these testing labs can easily be borne by organisations who run such mass feeding programmes, he said. Andhra Pradesh Chief Minister N Chandrababu Naidu's claim that animal fat was used in Tirupati laddus during the previous government triggered a massive political row, with the YSRCP accusing Naidu of indulging in «heinous allegations» for political gains and the TDP circulating a lab report to back its claim. «To address issues arising out of #TirupatiPrasadam we must ensure at all public places where #Prasadam #food is distributed @fssaiindia set up food testing labs to ensure food distribution is in line with expectations of general public/ devotees,conforms to desired quality,» Prabhu said in a post on social media platform X.

Voting has ended in Sri Lanka’s presidential election as it seeks to recover from the worst economic crisis in its history and the resulting political upheaval

MG Motor India on Saturday revealed the prices for its latest launch, the MG Windsor. The «intelligent» crossover utility vehicle, and India's first, as MG calls it, will carry a starting price tag of Rs 13,49,800 (Ex-Showroom). This price includes the battery cost as well. MG Motor India had on September 11 launched the all-electric Windsor EV, marking a significant addition to its electric vehicle portfolio. It had said the Windsor EV would be priced starting at Rs 9.9 lakh. However, that price excludes the battery. The car will have three variants: Excite, Exclusive, and Essence, priced (ex-showroom) at Rs 13,49,800, Rs 14,49,800, and Rs 15,49,800, respectively.

American Airlines has agreed on a contract extension for ground workers including mechanics and baggage handlers

The federal government is suing some pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for patients

Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential. Qualcomm has not yet made an official offer for Intel, one of the people said, and the obstacles to a deal remain steep. Any deal would likely draw significant regulatory scrutiny, given the mammoth size and national security importance of both chip companies. It is unclear whether regulators would allow Qualcomm to buy Intel without taking on its struggling foundry business, and it remains equally unclear whether Qualcomm would want to take on that complex endeavor. A deal would also be costly. Intel, which has seen its shares fall nearly 40% over the last year, has a market capitalization of $93 billion. Qualcomm, which has seen its shares rise 55%, has a market value of $169 billion.

Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg. Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker, the unit's chief operating officer, would assume Colbert's responsibilities until a replacement is named at a later date. «At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world,» Ortberg wrote in an email to employees. «Working together we can and will improve our performance and ensure we deliver on our commitments.»

Now is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial Bank of Commerce said, citing lower interest rates and easing of economic risks that give the cheaper stocks more earnings upside.